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Wyoming LLC

An LLC formed under Wyoming's LLC Act, the first LLC statute in U.S. history (1977) and widely considered the most owner-friendly jurisdiction.

A Wyoming LLC is formed by filing Articles of Organization with the Wyoming Secretary of State for a $100 fee. Wyoming pioneered the LLC structure in 1977 and remains the leading jurisdiction for non-resident LLC owners due to: no state income tax, strong charging-order protection, low $60 annual report fee, no public disclosure of members or managers, and no requirement to operate from Wyoming. The combination is why Wyoming LLCs dominate among international founders.

Also known asWY LLC, Wyoming Limited Liability Company

Related terms

LLC — A U.S. legal-entity form combining the limited liability of a corporation with the pass-through taxation of a …
Charging Order Protection — A statutory rule limiting a creditor's remedy against an LLC member to a charging order — the right to receive…
Wyoming Asset Protection — The combination of charging-order protection, member privacy, and statute-of-limitations rules that make Wyomi…
Wyoming Annual Report — The annual filing every Wyoming LLC must submit to the Secretary of State by the first day of the LLC's annive…
Articles of Organization — The state-filed document that legally creates a U.S. LLC.…